Florida Trusts Legal Guides (4 found)

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Joshua Thomas Keleske
Written by Joshua Thomas Keleske
Contributor Level 5

Revocable Trusts are a popular, but sometimes misused tool in estate planning. If your circumstances require a Trust in your planning, then its use can be very worthwhile for you and your family.
Shawn C Newman
Written by Shawn C Newman
Contributor Level 7

The primary function of a Irrevocable Life Insurance Trust (ILIT) is to avoid estate death taxes on the proceeds from the estate of the deceased peron. If not done properly, the life insurance money may be included in the decedent's estate and be taxed as high as 55 percent by the IRS!
Joseph Franklin Pippen Jr.
Written by Joseph Franklin Pippen Jr.
Contributor Level 6

A funded Living Trust has many advantages over using a Will in estate planning
Lucreita D. Becude
Written by Lucreita D. Becude
Contributor Level 6

Wills and Trusts are an essential part of estate planning. Depending on the assets you hold, will determine the extent of your needs.

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